With a new OpenAI partnership in hand, Microsoft is going into its earnings report Wednesday afternoon with a resolution to ...

Microsoft and OpenAI unveil a deal extending IP rights, adding independent AGI verification, and giving both sides more ...

Microsoft could also work with one or many of OpenAI’s own competitors in its race to hit AGI. Last month, Microsoft began ...

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 ...

OpenAI and Microsoft reached a deal to complete the startup's shift to for-profit. Jason Hiner, editor in chief for ZDNET, ...

Microsoft and OpenAI announced a restructuring deal on Tuesday that frees the ChatGPT maker to move away from its nonprofit ...

OpenAI said it has reorganized its ownership structure and converted its business into a public benefit corporation.

OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to research methods ...

Microsoft made its first investment in Sam Altman's OpenAI in 2019. It now holds a 27% in OpenAI's for-profit business.

The nonprofit arm, now called the OpenAI Foundation, will have a $130 billion stake in the for-profit enterprise.

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

OpenAI’s conversion to a for-profit structure is ready, along with a new deal thatshrinks Microsoft’s ownership stake and ...